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Has CBRE Group (CBRE) Outpaced Other Finance Stocks This Year?

Investors focused on the Finance space have likely heard of CBRE Group (CBRE), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

CBRE Group is one of 856 individual stocks in the Finance sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CBRE is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for CBRE's full-year earnings has moved 5.92% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, CBRE has returned 28.57% so far this year. Meanwhile, stocks in the Finance group have gained about 14.21% on average. This means that CBRE Group is outperforming the sector as a whole this year.

Looking more specifically, CBRE belongs to the Real Estate - Operations industry, a group that includes 30 individual stocks and currently sits at #81 in the Zacks Industry Rank. Stocks in this group have gained about 21.98% so far this year, so CBRE is performing better this group in terms of year-to-date returns.

CBRE will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.


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Zacks Investment Research

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